Sports
- Kids' Play Areas / Sand Pits
Located in Sion, Mumbai, Parekh House offers a vibrant residential experience. Developed by Innovative Realest Private Limited, it features 12 homes. The project provides easy access through Eastern Express Highway, LBS Marg and is close to Lion Tarachand Bapa Hospital, Sion, Mp Bhutta High School, Sion, Maharashtra Nature Park, Dharavi.
With 1 BHK available, the units range from 490 Sq.Ft. to 490 Sq.Ft.. Residents will appreciate the convenience of nearby Satyam BMC High School, Mp Bhutta High School, Guru Nanak School, Lion Mp Bhuta Sion Sarvajanik High School, Guru Nanak National High School and Karnataka Bank, Punjab and Maharashtra Co-Operative BankLimited, Punjab And Mahashtra Cooperative Bank, State Bank Of India, Idbi Bank Ltd. The locality has a livability index of 4.3 and a lifestyle index of 4.3. The development is currently under Ready to Move and is registered under P51900034002.
Price on Request
Parekh House is a residential project by Innovative Realest Private Limited, situated at Sion Mumbai with pincode 400022. The development is spread across 0.12 Acres and offers 1 BHK Flats. Prospective residents can choose from 1 different configurations, with 1 BHK Apartment having an area of 490 Sq. Ft..
This project features 1 residential blocks and offers a range of modern amenities including Kids' Play Areas / Sand Pits, Power Backup, Treated Water Supply, 24 x 7 Security, Normal Park / Central Green, Indoor Games. The locality is ranked 73 and has a connectivity index of 4.3 and an education & healthcare index of 4.3.
The average asking price in the locality is ₹ 28,100 /Sq.Ft., and the average rental price is ₹ 102 /Sq.Ft., while the average rental price bhk wise is STUDIO with price ₹ 18.2 K, 1 BHK with price ₹ 42.6 K, 2 BHK with price ₹ 60.7 K, 3 BHK with price ₹ 83.8 K. 1 completed projects add to the reliability of this development. The project offers units with a minimum size of 490 Sq.Ft. and adheres to high Oil Bound Distemper, Vitrified Tiles, RCC Frame Structure standards. The project falls under the Residential category and is located in the Mumbai South area.
View the latest price list for Parekh House.
*Prices are indicative and subject to applicable charges and project terms.
Parekh House's average asking price is cooling quarter-on-quarter, compared with Sion.
Parekh House avg. price is ₹ 30.8 K/Sq.Ft. compared to Sion at ₹ 28.8 K/Sq.Ft.
Monthly Rent in Sion ranges from ₹ 18.2 K to ₹ 83.8 K with options available for STUDIO,1,2,3 BHK units
Get the latest price and market updates for Parekh House.
Heavy rainfall has increased water storage in Mumbai's seven lakes to 7.03 lakh ML, which is 48.59% of their capacity. This has eased fears of a water shortage, though a decision on withdrawing water cuts will depend on future lake levels.
Mumbai is set to develop 27 underground parking facilities, one in each administrative ward, to alleviate the severe parking shortage. This project, backed by the BMC Budget 2026-27, will create parking beneath existing gardens and playgrounds, reducing roadside parking and traffic congestion.
The Brihanmumbai Municipal Corporation (BMC) is preparing to take over 24 major flyovers and several key road structures from the Maharashtra State Road Development Corporation (MSRDC). This move aims to establish a single point of authority for maintenance, repairs, and pothole filling, promising faster response times.
A new arm flyover connecting Palm Beach Road to the Sion-Panvel Highway was inaugurated in Vashi Sector 17. This 290-meter flyover, built by the Navi Mumbai Municipal Corporation (NMMC) at a cost of ₹18.32 crore, provides a direct route for commuters traveling towards Pune. It is expected to significantly ease traffic congestion and reduce travel time by 10-15 minutes, eliminating the need for detours via Sanpada. The project addresses a key gap in Navi Mumbai's road network, improving connectivity and overall planning.
During Q1'2026, average property prices for Parekh House moved from ₹ 36,600/sqft to ₹ 36,700/sqft, reflecting a 0.27% rise.
The alignment for Navi Mumbai Metro Line 8 has been finalized, aiming to create a direct metro connection between Chhatrapati Shivaji Maharaj International Airport (CSMIA) and the upcoming Navi Mumbai International Airport (NMIA). The metro will pass through Vashi, Sanpada and Juinagar along the Sion–Panvel Highway.
During Q4'2025, average property prices for Parekh House moved from ₹ 34,900/sqft to ₹ 36,600/sqft, reflecting a 4.87% rise.
The first phase of Metro Line 2B, connecting Mandale and Chembur, is slated to open in the second week of October, following an inspection by the Commissioner of Metro Rail Safety. This new corridor is expected to reduce travel time by 15-20 minutes along V N Purav Road and the Sion-Panvel Highway and improve connectivity for residents in the eastern suburbs.
Structural Works reach 100% completion, External Works has reached 85%, Internal finishing stands at 85%, MEP Services including lift and staircases, are now 85% done.
Structural Works reach 95% completion, MEP Services including lift and staircases, are now 33% done.
Parekh House offers 1 BHK Flats designed for modern living. The residences range from 490 Sq.Ft. to 490 Sq.Ft., catering to diverse lifestyle needs.
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Price:Price on Request
Residents at Parekh House can enjoy a modern lifestyle with access to Kids' Play Areas / Sand Pits, Power Backup, Treated Water Supply, 24 x 7 Security, Normal Park / Central Green, Indoor Games. These features cater to diverse interests and age groups, promoting an active and social community.
This development focuses on enhancing the living experience for homebuyers. With its strategic planning and attention to detail, it aims to provide a harmonious blend of comfort and convenience. Residents can take advantage of these amenities to relax, rejuvenate, and connect with neighbors, fostering a strong sense of belonging.
Parekh House is strategically located at Sion Mumbai, ensuring excellent connectivity. The presence of Eastern Express Highway, LBS Marg enhances accessibility to key destinations. Proximity to Lion Tarachand Bapa Hospital, Sion, Mp Bhutta High School, Sion, Maharashtra Nature Park, Dharavi adds to the convenience of residents. This area has a connectivity index of 4.3, making commutes easier.
Families will appreciate the closeness to Satyam BMC High School, Mp Bhutta High School, Guru Nanak School, Lion Mp Bhuta Sion Sarvajanik High School, Guru Nanak National High School and Karnataka Bank, Punjab and Maharashtra Co-Operative BankLimited, Punjab And Mahashtra Cooperative Bank, State Bank Of India, Idbi Bank Ltd. This location provides easy access to daily necessities and essential services. With 1 residential blocks, it offers a balanced lifestyle. The locality is ranked 73, indicating its desirability as a residential hub.
The 0.12 Acres development benefits from a well-established infrastructure. Its strategic position ensures seamless connectivity to major commercial and recreational hubs. The 400022 area is known for its convenience and accessibility.

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Parekh House is currently Ready to Move, ensuring a timely handover to its residents. The development is meticulously planned and executed, with a focus on quality and adherence to timelines.P51900034002 confirms that this project is fully compliant with regulatory standards, offering peace of mind to potential homeowners.
With the Ready to Move status, the focus remains on delivering homes that meet the highest expectations. The 12 residences are designed with modern living in mind, and the construction progress reflects a commitment to excellence. This development is set to redefine urban living.
Parekh House is brought to you by Innovative Realest Private Limited. The developer has a strong legacy with 1 completed projects, demonstrating their commitment to quality and timely delivery. This company focuses on creating spaces that cater to the needs of modern families.
They are known for their meticulous planning and attention to detail, ensuring that every project is a landmark in itself. This developer's expertise lies in crafting residential developments that offer a harmonious blend of comfort and style. They strive to create communities that foster a sense of belonging.
Before purchasing in Parekh House, verify the land title, chain of ownership, and encumbrance status. Also cross-check the RERA registration number P51900034002 and confirm approvals with local authorities for the address Sion Mumbai, 400022.
Yes, most major banks and NBFCs offer home loans for ready-to-move projects like Parekh House, subject to eligibility.
Maintenance charges at Parekh House depend on the apartment size and society services and are payable monthly or annually.
Buyers need identity proof, address proof, agreement to sell, sale deed, and registration documents for purchasing in Parekh House.
Yes, since Parekh House is a Ready to Move project in Sion, buyers can arrange site visits and inspect the actual apartment before finalizing the deal.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (Regulation & Development) Act, 2016.